So you're theorizing that bitcoinica is running low on coins to short with, so soon there will be an upwards correction?

Or am I interpreting wrong and your opinion is that bitcoinica is running low on coins to short with which will lead to liquidations that will further short the market?

When life gives you lemons, don’t make lemonade. Make life take the lemons back! Get mad! I don’t want your damn lemons, what the hell am I supposed to do with these? Demand to see life’s manager! Make life rue the day it thought it could give Cave Johnson lemons! Do you know who I am? I’m the man who’s gonna burn your house down! With the lemons! I’m gonna get my engineers to invent a combustible lemon that burns your house down!

Look at the book depth, Bitcoinica volume and where the mad fluctuations were. You might be just one wall away from destruction. And this time, people will not jump back to business. The fluctuations on the star and rarity of the sudden spikes seem to show they're exactly at their limit.

Seriously, if someone big dumps now, it might just be the Judgment Day for the margin trading madness.

Seriously, if someone big dumps now, it might just be the Judgment Day for the margin trading madness.

Let's hope it happens soon. The less leveraged gamblers in the system, the better.

I too would like to see less of the jumpy margin trading. But this one might hurt. The recovery from the last one was paid by re-enabling the leverage, this is unlikely to work again. Are people really aware just what kind of chaos this may cause? It should never have come to this.

Look at it. Order book down below 32k to 5 USD, Bitcoinica still maxed on longs, many of which started close to 6! Guys, no offense, but what the hell are you doing? Some part of the guys must liquidate before a big holder notices, or else... well I have no idea what will happen, you try to figure out feedback between a panic, Zhoutongs funky algorithms and a random huge BTC player plotting whatever arbitrary idea he might have at the moment!